TIQK, a RegTech SaaS company based in Sydney, Australia and focused on the automation of both adviser & licensee compliance to customers, today announced Queensland based AFSL MyPlanner as its first enterprise level client.
TIQK CEO Steve Thomson said “I am delighted that MyPlanner can be the first enterprise level licensee in Australia to ensure every piece of advice they give to clients meets the best interest requirements before it goes out the door. They are a progressive group who are keen to use technology to augment their proactive compliance oversight.”
Matthew Farley, MyPlanner Professional Standards Manager said, “we are thrilled to announce our new partnership with TIQK. They have shown that by aligning reg-tech [Regulatory Technology] to our compliance and advice teams process, we can achieve better outcomes, which ultimately delivers an enhanced customer experience”
He went on to say, “that this partnership highlights MyPlanner’s commitment to proactively ensuring quality financial advice is produced by having TIQK augment the human compliance process.”
MyPlanner will start using TIQK for auditing at a licensee level before expanding the service for use by advisers and paraplanners to check all advice.